NFIB State Director Dawn McVea says Mississippi’s upcoming tax holiday on clothes and school supplies is a chance for people to support local businesses still reeling from a series of economic setbacks that began with the COVID-19 pandemic in 2020. This year’s back-to-school tax holiday is July 29-30.
“The back-to-school tax holiday has been a late summer tradition in Mississippi for 13 years, but this year’s holiday couldn’t come at a better time,” McVea said.
“People everywhere are struggling with higher prices on just about everything, so temporarily suspending the sales tax is going to help families stretch a dollar, and it could make a big difference on Main Street,” McVea said.
“Small businesses throughout the state are dealing with higher prices on top of supply chain issues and a lack of workers,” McVea said. “By shopping local during the sales tax holiday, we can repay these independent businesses for persevering and providing us with the goods and services we need despite the many challenges.”
Small business owners surveyed for NFIB’s latest Small Business Economic Trends report ranked inflation as the No. 1 issue affecting their business, followed by quality of labor.
For more information on Mississippi’s tax holiday, visit https://www.dor.ms.gov/sites/default/files/Sales%20Folder/2022%20Sales%20Tax%20Holiday.pdf.